Market Watch

Market Watch

A Sampling of Advisory Opinion

Weekly Bulletin—Capital Spending by Janney Montgomery Scott 1717 Arch St. Philadelphia, Pa. 19103 June 3: The backdrop for the revival in capital spending has been positive for some time: Borrowing rates are at multi-decade lows, investors are hungry for corporate debt, the return on capital towers over the cost of capital, and the capital stock has barely grown since 2007.

Estimates show that capital spending growth will accelerate and contribute about one percentage point, on average, to real GDP growth...